Quote by Gordon Sinclair
The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany.
Summary
This quote highlights the decline of the United States dollar's value against currencies like the German Mark, the French Franc, and the British Pound. It emphasizes that the dollar was at its lowest point ever recorded in West Germany. This indicates a significant drop in the dollar's exchange rate, which could have economic implications and consequences for international trade and financial markets.